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“If it did grow to consume significant energy, I think it would still be less wasteful than the labour and resource intensive conventional banking activity it would replace,” Satoshi wrote. “The cost would be an order of magnitude less than the billions in banking fees that pay for all those brick-and-mortar buildings, skyscrapers, and junk […]
The trial, brought in the U.K. by the Crypto Open Patent Alliance (COPA), is well into its second week. Wright has testified for the last several days, answering questions about his connections to the world’s first cryptocurrency. He was cross-examined by COPA’s lawyers as well as counsel for the other plaintiff, a group of Bitcoin […]
FILES NOT FOUND: Ethereum has a standardized process for adding new token standards, including the well-known ERC-20, for fungible tokens, and ERC-721, for non-fungible tokens or NFTs. But a new unofficial token standard, ERC-404 is suddenly getting traction – and there’s now a supposedly improved version called DN-404. Both standards aim to combine virtues of […]